Common use of Other Borrowing Clause in Contracts

Other Borrowing. Without the written consent of the secured party, the debtor will not engage in any other inventory or accounts receivable financing or create any indebtedness for money borrowed except loans made hereunder.

Appears in 2 contracts

Sources: Loan and Security Agreement (United Grocers Inc /Or/), Loan and Security Agreement (United Grocers Inc /Or/)